Brick Four-Family
2238 63rd Street Brooklyn, NY 11204
New
MULTI_FAMILY - Brooklyn, NY
Property size:
3,200 SFLot size:
0.06 AcresPrice / SF:
$609/SF- Added:
- Jul 9, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 10 at 12:06 am
Property Features for 2238 63rd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4-1
- Bedrooms
- 7
- Bathrooms
- 5
- Rooms
- Bathroom 3, Bathroom 5, Bedroom 2, Bathroom 4, Bedroom 7, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 6, Bedroom 3, Bathroom 2, Bathroom 1
- Interior features
- Refrigerator, Stove
- Standard status
- Active
- Size
- 3,200 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 18706
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Tile, Hardwood
- Building materials
- Brick
- Roof type
- Flat
Listing agent Jean-Claude Ho (718) 513-1885
Listing office JC Real Estate Capital Inc 6702 20th Ave, Brooklyn, NY (718) 513-1885
Listing date Jul 9, 2026
MLS# 502841
Listing URL
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This brick four-family building is configured with one 1-bedroom apartment and three 2-bedroom apartments. The structure is approximately 20.5 ft by 80 ft and provides approximately 3,200 square feet of living space. A shared driveway serves the property, and there is a full basement with approximately 7-foot ceilings. The hot water system is approximately 7 years old, and the roof is approximately 10 years old. Several units have been updated, while other apartments may benefit from future renovation.
The property is located in Bensonhurst, Brooklyn, near shopping, restaurants, schools, parks, and houses of worship. Public transit access is available via the N Train at Bay Parkway Station, supporting convenient travel to Manhattan and other parts of Brooklyn.
For buyers seeking a residential income building, this layout offers a mix of unit sizes across the four apartments. The seller intends to deliver the property vacant at closing, which can support an owner-operator plan or a straightforward repositioning approach for any units that have not yet been updated.
The property is located in Bensonhurst, Brooklyn, near shopping, restaurants, schools, parks, and houses of worship. Public transit access is available via the N Train at Bay Parkway Station, supporting convenient travel to Manhattan and other parts of Brooklyn.
For buyers seeking a residential income building, this layout offers a mix of unit sizes across the four apartments. The seller intends to deliver the property vacant at closing, which can support an owner-operator plan or a straightforward repositioning approach for any units that have not yet been updated.
Key Highlights
- 4‑family brick building built in 1925 with a flat roof
- Unit mix: 1 one‑bedroom apartment and three two‑bedroom apartments
- Approx. building size: 20.5 ft x 80 ft with approx. 3,200 sq ft of living space
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $163.2k | $51.00 |
| − Vacancy | −$3.1k | −$0.97 |
| EGI | $160.1k | $50.03 |
| − OpEx | −$48.0k | −$15.01 |
| NOI | $112.1k | $35.02 |
3,200 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.60M
$1.40M – $1.87M
NOI $112,069 @ 7.0% cap · market cap 5.75%
Second Best
Apartment 5plus
$1.40M
$1.22M – $1.63M
NOI $97,693 @ 7.0% cap · market cap 5.01%
Theoretical Best
Specialty Retail
$2.65M
$2.32M – $3.09M
NOI $185,472 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - A Brooklyn 4-family with one 1-bedroom and three 2-bedroom apartments, with vacant possession planned at closing.
Where is this quadplex located?
The property is located at 2238 63rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 4‑family brick building built in 1925 with a flat roof; Unit mix: 1 one‑bedroom apartment and three two‑bedroom apartments; Approx. building size: 20.5 ft x 80 ft with approx. 3,200 sq ft of living space
